ECOLAB : CLOSES ON PURCHASE OF PUROLITE - Form 8-K
December 01, 2021 at 09:01 am
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ECOLAB CLOSES ON PURCHASE OF PUROLITE
ST. PAUL, Minn., Dec. 1, 2021: Ecolab Inc. has closed on its previously announced acquisition of Purolite, a leading and fast-growing global provider of high-end ion exchange resins for the separation and purification of solutions for pharmaceutical and industrial applications. Headquartered in King of Prussia, PA, Purolite operates in more than 30 countries, with expected 2021 sales of approximately $0.4 billion. Total consideration was approximately $3.7 billion.
About Ecolab
A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services. With annual sales of $12 billion and more than 44,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and personalized service to advance food safety, maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies and sustainability for customers in the food, healthcare, hospitality and industrial markets in more than 170 countries around the world. www.ecolab.com
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Ecolab Inc. published this content on 01 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2021 14:00:17 UTC.
Ecolab Inc. specializes in the development and the marketing of cleaning and disinfection products and services. The activity is insured with hotels, restaurants, hospitals, schools, shops, commercial and industrial laundries, food factories, etc. The activity is organized around three areas:
- sale of wastewater treatment products;
- sale of cleaning and disinfection products and services: wash liquids, detergents, stain removers, disinfectants, soaps, deodorants, distributors of products, equipment (dishwasher, washer, etc.), cleaning services, training, etc.;
- pest control, repair and maintenance services: detection and elimination of rats services, and repair and maintenance of equipment of kitchen and refrigeration services.
Net sales are distributed geographically as follows: the United States (53%), Europe (21%), China (4.4%), Asia/Pacific (8.5%), Latin America (6.6%), India/Middle East/Africa (3.6%), and Canada (2.9%).